IUL policies typically allow you to grow a portion of your premiums through allocation to an index. Insurers often offer a growth cap of 8-9% and floor of 0%. This allows for upside potential with downside protection. Did I mention it’s all tax-efficient?
A death benefit will be associated with the policy based on an individual's age and health.
IUL Policy
$
6.40% Average Return
Bank Savings
$
1.71% average return
Example of an IUL policy that achieves a 6.4% annual return with tax deferral and reinvested dividends* |
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Bank Savings CD account averages 1.71% annual return with taxable interest payments at 35%* |